My Laundromat Coin Haul: Surprises, Insights, and Numismatic Treasures
June 29, 2025My Adventure with a Hoard of Old Pennies: What to Do with That Leftover Copper
June 29, 2025Like many collectors, I’ve daydreamed about a machine that could automatically spot rare dates and mint marks. After tinkering with the idea of building a date-sorting device myself, I thought I’d share what I learned – the good, the bad, and the expensive parts.
How I Imagined It Working
Picture this: coins zipping through a system that snaps photos of both sides at high speed. Here’s the basic concept I sketched out:
- First, we’d need a library of coin images without dates or mint marks, so the machine focuses on design details
- For each coin, the system would rotate the image digitally while scanning edges to match it against known patterns
- If it finds a close enough match, it snaps a close-up of the date/mint area for reading; if not, it gets tossed in the “maybe later” bin
Done right, this could even flag oddballs like errors or varieties that most of us would miss.
Bumps in the Road
Reality hit fast when I dug into the details. A few big headaches stood out:
- Worn Coins Play Tricks: A slick Mercury dime looks nothing like a fresh one. You’d need dozens of reference images per coin type showing different wear levels – and the software to make sense of them all.
- Your Wallet Will Feel It: Just the camera and processor setup could run $5,000 or more. That’s before building the sorting mechanics.
- The Reject Pile Dilemma: You’d need multiple bins for coins the machine can’t identify – which adds more moving parts and headaches.
If you try this yourself, start with just one series (like Roosevelt dimes) before tackling everything in your junk box.
The Money Question
Let’s be honest – this project probably won’t pay for itself. Here’s why:
- Personal Use: Even hunting for pre-1982 coppers, you’d spend years recouping costs after buying bulk coins and hauling them around.
- Selling the Machine: While some collectors got excited (one even suggested $10k price tags), most dealers and banks just want face-value rolls. It’s a tiny market.
Think of it like building a ship in a bottle – satisfying to create, but not something you’d expect to profit from.
Silver Linings
Despite the hurdles, I found some bright spots:
- Collectors See Potential: Folks got most excited about spotting rare VAMs or errors automatically – that’s where this could really shine.
- Funding Possibilities: Pre-sales or regional software licenses might offset costs, but watch for patent fees and manufacturing headaches.
- Changing the Hunt: A working machine could shake up roll searching, but don’t count on getting rich. The upfront costs are steep.
My advice? Build a bare-bones prototype first to see if it sparks real interest.
If You Take the Plunge
For fellow tinkerers considering this adventure, here’s what I’d suggest:
- Baby Steps: Start with a slow, single-coin tester before chasing speed demons
- Add Grading Eyes: Teaching it to recognize wear levels could double as a grading assistant
- Expect Hidden Costs: Lawyer fees for patents hurt more than you’d think
- Share Your Journey: Post updates in collector forums – you’ll find encouragement and maybe even collaborators
Building a coin sorter is equal parts mad science and treasure hunting. If the idea excites you, grab your tools! Just know it’s about the journey more than the destination.